At a Glance
- Tasks: Manage third-party risk and improve supplier performance in a dynamic financial services environment.
- Company: Join a leading financial services organisation committed to excellence and compliance.
- Benefits: Enjoy remote work, a competitive salary, bonuses, and generous pension contributions.
- Why this job: Be part of a culture that values stakeholder engagement and offers impactful training opportunities.
- Qualifications: TPRM experience in financial services and a degree are essential; CIPS preferred.
- Other info: Flexible benefits include health perks, holiday trading, and employee discounts.
The predicted salary is between 68000 - 95200 £ per year.
A leading financial services organisation is seeking a TPRM & Supplier Manager to strengthen third-party risk management across the business. This role focuses on ensuring compliance with the TPRM framework, improving supplier performance, and supporting sourcing activity. Ideal for someone with strong stakeholder management skills and deep experience in third-party risk within a regulated environment.
Key Responsibilities:
- Drive adoption of the TPRM framework and support BRMs in executing risk assessments
- Ensure regulatory compliance across the third-party lifecycle
- Deliver training, guidance, and TPRM clinics to improve business-wide capability
- Conduct QA reviews, monitor sub-outsourcing, and manage remediation activities
- Support sourcing and supplier optimisation initiatives
- Prepare reports for governance and risk forums
Essential Skills & Experience:
- TPRM experience in financial services
- Strong understanding of sourcing and commercial terms
- Knowledge of relevant regulatory requirements
- Excellent stakeholder engagement and communication skills
- Financial literacy and advanced MS Office skills
- Degree required; CIPS or similar qualification preferred
Package:
- Basic salary: £68K
- Fully remote
- Annual Bonus Scheme, based on personal and company performance
- Generous Pension Contributions – Up to 12% employer contributions based on tenure and employee input
- Private Medical Insurance & Group Income Protection
- Flexible Benefits & Wellbeing Perks – Includes holiday trading, dental/vision cover, travel insurance, health assessments, employee discounts
Third Party Risk Manager employer: LinkedIn
Contact Detail:
LinkedIn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party Risk Manager
✨Tip Number 1
Familiarise yourself with the TPRM framework and relevant regulatory requirements. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in third-party risk management. Engaging with industry peers can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved supplier performance or managed risks in previous roles. Real-life scenarios can showcase your expertise and problem-solving skills effectively.
✨Tip Number 4
Stay updated on current trends and challenges in third-party risk management within financial services. Being knowledgeable about the latest developments will help you stand out as a candidate who is proactive and informed.
We think you need these skills to ace Third Party Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in third-party risk management, particularly within financial services. Use specific examples that demonstrate your stakeholder management skills and compliance with TPRM frameworks.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for the TPRM & Supplier Manager role. Mention your understanding of sourcing and commercial terms, and how your skills align with the responsibilities outlined in the job description.
Highlight Relevant Qualifications: If you have a degree or qualifications like CIPS, make sure to mention these prominently in your application. This will show that you meet the essential criteria for the role.
Showcase Communication Skills: Since excellent communication skills are essential for this role, provide examples in your application of how you've successfully engaged with stakeholders in previous positions. This could be through training sessions, reports, or direct interactions.
How to prepare for a job interview at LinkedIn
✨Understand the TPRM Framework
Make sure you have a solid grasp of the Third Party Risk Management framework. Be prepared to discuss how you've applied it in previous roles, and think about specific examples where you've driven its adoption or improved compliance.
✨Showcase Stakeholder Management Skills
This role requires excellent stakeholder engagement. Prepare to share experiences where you've successfully managed relationships with various stakeholders, particularly in a regulated environment. Highlight your communication strategies and how they led to positive outcomes.
✨Demonstrate Financial Literacy
Since this is a financial services position, be ready to discuss your understanding of financial concepts and how they relate to third-party risk. Brush up on relevant regulatory requirements and be prepared to explain how they impact supplier management.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think about challenges you've faced in TPRM and how you approached them. Use the STAR method (Situation, Task, Action, Result) to structure your responses.